Tag Archives: farm

New York CNN Business  —  It looks like Jake from State Farm won’t need to worry about protecting his home from burglars. The insurance giant announced a big investment in home security company ADT Tuesday. Shares of ADT soared more than 14% on the news in early trading. State Farm is making a $1.2 billion investment in ADT (ADT), a deal that will give State Farm a 15% stake in the… Source link

President Biden on Wednesday announced new efforts that he says will help American farmers mitigate some of the effects of Russia’s war in Ukraine on the food supply. As part of a trip to Illinois, the White House announced three new initiatives it says will support farmers, including $500 million for domestic fertilizer production. The effort comes as overall inflation remained near a 40-year-high in April, largely driven by food prices. The food index has risen 9.4% over last year and Source link

COPENHAGEN, Nov 30 (Reuters) – Danish offshore wind developer Orsted (ORSTED.CO) on Tuesday said it has secured a 12-year power purchase agreement with Google (GOOGL.O), which aims to power all its data centres and offices using solely carbon-free electricity by 2030. The U.S. tech giant will take 50 megawatt (MW) of output from Orsted’s planned 900 MW Borkum Riffgrund 3 wind farm in the German North Sea. While making it possible for big firms to source green power, such deals also provide a… Source link